Are you looking for a way to make some money in crypto? If you clicked this review, you are probably curious about the crypto industry in general or already have some knowledge about it. After all, it’s been constantly in the news for the past several years.
Many crypto beginners hesitate to get into crypto because it often requires putting your own money at risk. But what if there was a way to get crypto without purchasing it? JumpTask claims that there is. Let’s look at the app and see if it’s delivering on its promise.
What is JumpTask?
JumpTask is an online marketplace where freelancers complete tasks provided by companies. In exchange for their work, they get paid in the platform’s cryptocurrency – JumpToken (JMPT). So the platform offers tasks and pays you in crypto, which is an interesting option for freelancers.
Getting started is relatively easy. First, you need a crypto wallet where you collect JMPT. If you don’t have it, you will need to use your social logins to create one on their website. In truth, the website could be more intuitive when it comes to task completions. However, as the project started only in 2022, that’s understandable. JumpTask announced on June 22 on Twitter that they are currently working on a website update.
Why is JumpTask Worth a Try?
There are some advantages of JumpTask over traditional freelance platforms.
First, freelancing is simplified with JumpTask, as you don’t need specific knowledge or skills. When it comes to freelance work, you probably heard of platforms like UpWork or Fiverr. While these are well-known platforms, they require you to have expert knowledge to succeed. Therefore, JumpTask is a bit more beginner-friendly in this respect.
Second, some of the platforms for freelancers have location restrictions. That means that people in some countries cannot access the gig economy and earn. Again, JumpTask has an advantage here: the vast majority of the tasks on the platform are available worldwide.
Third, with traditional platforms, you pay a lot for money transfers. Services like PayPal charge you a lot: depending on your account, you pay anywhere between 1.9% and 3.5%, plus a fixed fee of 5 to 49 cents. A $100 transaction might cost you between $2 and $4. However, JumpTask minimizes transaction fees to cents due to its blockchain–based technology.
How Can You Earn?
When starting with JumpTask, you can’t expect to make millions of dollars by completing their tasks. However, it’s good that the app does not make empty promises on its website. That being said, while you can’t make a full-time salary from their offers, you can certainly add some extra dollars to your bank account, which never hurts. So how can you do it?
First, you can earn passive income by sharing your internet traffic. How? Download JumpTask’s partner Honeygain app, keep your device on, and let it share your internet connection. You get Honeygain credits which are later turned into JumpTokens. Again, you will start small, but the good thing is that no effort is needed to earn some money on the side here.
Second, you can choose the Offerwalls earning type. With this one, you need to put in some effort. You can choose from the available offers, complete them, and get your JMPT rewards. The list of offers is constantly updating and includes tasks like downloading apps, watching videos, or playing games. The earning type is still in the beta version.
Third, there is another way to earn with JumpTask: staking. If you are familiar with crypto already, you know how it works. And if not, don’t fret, as staking isn’t that complicated. It works like a savings account where you put your money and earn interest. In JumpTask, you deposit JumpTokens and earn JMPT rewards.
Is it Risky?
As already mentioned, JumpTask does not require you to invest your funds to get JumpTokens. You can start by simply completing a few tasks to earn JMPT. That’s one of JumpTask’s advantages: the platform is beginner-friendly.
Notably, the JMPT price goes up and down. But that is the case with all cryptocurrencies or other types of assets, such as stocks. Therefore, holding cryptocurrencies means that your holdings are changing in dollar terms. Holders of JMPT should be mindful of these movements.
Final Words
To conclude, JumpTask is a legitimate platform that allows freelancers to earn crypto tokens. There is room for improvement in the website’s layout and available functionality. However, the project is being regularly updated and new features are added every month. The money you get won’t make you a millionaire, but it still provides a decent way to earn on the side. If you want to try earning crypto, you can add JumpTask to your list.